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Snap-on Director Transfers 1,732 Shares via Trust Gift
Snap-on Inc
$SNA4CIK: 0000091440
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Filing Summary
### Form 4 Filing: Snap-on Inc ($SNA)
**Insider:** Adams David Charles (Director)
**Transaction Date:** August 31, 2026
**Filing Date:** September 1, 2026
**Summary:**
- **Type:** Gift / Transfer (Code G)
- **Shares:** 1,732
- **Direct Shares Retained:** 613.1445
- **Indirect Shares (Spouse via Trusts):** 7,586
*Note: This transaction represents a bona fide gift of direct shares to a trust for the benefit of the reporting person's spouse, resulting in no open-market activity or net change in overall family beneficial holdings.*
Comprehensive Analysis
Insider Transaction Overview
On August 31, 2026, Snap-on Inc ($SNA) Director David Charles Adams reported a gift transaction involving 1,732 shares of common stock.
Key Highlights:
- Nature of Transaction: Code
G(Bona fide gift). The reporting person transferred 1,732 directly held shares to a trust established for the benefit of his spouse, who serves as the trustee. - Holdings Impact:
- Direct Ownership: Decreased by 1,732 shares to 613.1445 shares (including 7.7673 shares acquired via a dividend reinvestment plan).
- Indirect Ownership: Increased by 1,732 shares to 7,586 shares held indirectly by spouse via trusts.
- Market Impact & Significance: Low. This filing reflects an internal estate planning / spousal trust transfer rather than an open-market sale or purchase. Overall family beneficial ownership remains unchanged.
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